Jump to content

tawan300

Member
  • Posts

    7
  • Joined

  • Last visited

Posts posted by tawan300

  1. An agent should never advise clients to under report the value of the transaction.

    Saving tax is a polite way to put it, the correct term I believe is tax evasion, which is not only morally wrong, it is illegal.

    If you choose to do go through with it that is a decision for you take on your own, and will have to live with in the future.

    Starting off on this foot, effectively forces you to also embark on tax evasion in the future. [if the full price is reported when you eventually sell what will be the tax implications?]

    Other items to consider, if you are buying, you should look very carefully at the transaction. For example do you know, for sure, that all the cash you are paying is going straight to the seller? When you conduct the transaction make sure you meet the seller, and have a friendly Thai (who does not know the agent) translate if needed, so that you are sure you are both on the same page.

    The reason being is that are some despicable agents out there who mark up the price of the property and pocket the difference.

    Its a murky market out there, be careful, and good luck.

    If you do this witch is common. pay in 2 lots one at the transaction price the other harlf into one more a/c .the down side is if you need to take the seller to court you can only claim back what you payed at the transaction in the land office.

×
×
  • Create New...